Wachovia Institutional Trust & Retirement Services
191 Peachtree St. NE, Mail Code GA- 1001, Atlanta, GA 30303; phone: (404) 332-5089; fax: (404) 332- 1076; www.wachovia.com
(No. of participants)
Total 136,294
Bundled (inc. in-house asset mgmt.) 97,294
Bundled (exc. in-house asset mgmt.) 39,000
Participants served directly 124,294
Bundled (inc. in-house asset mgmt.) 97,294
Bundled (exc. in-house asset mgmt.) 27,000
SERVICES PROVIDED:
Plan design
Employee meetings
Generic employee investment education
Customized employee investment education
Generic employee communications
Customized employee communications
Compliance and reporting
Consulting services
TOLL-FREE NUMBER SERVICES
24-hour access
Operators
Client service rep available
Account balance
Account transfers
Changes to current/future allocations
Loan request/processing
Performance data
Fund information
Retirement planning assistance
INVESTMENT MANAGEMENT SERVICES
Daily valuation
Total defined contribution assets: $3.68 billion
In-house investment management services are provided through:
Separate accounts
Commingled funds
Mutual funds
Stable value funds
External investment management services are provided through:
Commingled funds
Mutual funds
Stable value funds
Wachovia Institutional Trust & Retirement Services provides services to 424 sponsors: 227 for bundled services, including in-house investment management, and 197 for bundled services except in-house investment management.
It has partnerships with Fidelity, AIM, Janus, Federated and Franklin Templeton in investment management; and PwC Kwasha, ASG and Hewitt in record keeping.
Henry E. Lane Jr. is client contact.
Wells Fargo Bank NA
420 Montgomery St., 2nd Floor, MAC 0120-029, San Francisco, CA 94104; phone: (415) 396-3695; fax: (415) 981-9106;
wellsfargo.com
(No. of participants)
Total 341,100
Bundled (inc. in-house asset mgmt.) 340,000
Bundled (exc. in-house asset mgmt.) 1,100
Participants served directly 340,000
Bundled (inc. in-house asset mgmt.) 340,000
SERVICES PROVIDED:
Plan design
Employee meetings
Generic employee investment education
Customized employee investment education
Generic employee communications
Customized employee communications
Compliance and reporting
Consulting services
TOLL-FREE NUMBER SERVICES
24-hour access
Operators
Foreign language capability
Client service rep available
Account balance
Account transfers
Changes to current/future allocations
Loan request/processing
Performance data
Fund information
Retirement planning assistance
WEB SITE
24-hour access
Operators
Interactive e-mail
Client service rep available
Account balance
Account transfers
Changes to current/future allocations
Loan request/processing
Performance data
Fund information
Retirement planning assistance
INVESTMENT MANAGEMENT SERVICES
Daily valuation
Total defined contribution assets: $12.6 billion
In-house investment management services are provided through:
Commingled funds
Mutual funds
External investment management services are provided through:
Commingled funds
Mutual funds
Wells Fargo Bank NA provides services to 420 sponsors: 411 for bundled services, including in-house investment management, and nine for bundled services, except in-house investment management.
It has investment management partnerships with American Century, AIM, Delaware, Dreyfus, Federated, Fidelity, Franklin Templeton, Hartford, IAI, Janus, MFS, Putnam, Strong, T. Rowe Price, Warburg Pincus and Van Kampen.
Sean Thomas is client contact.
